The Canadian Money Roadmap

Send us Fan Mail The next step in building your own investment approach is deciding when you want to make changes to your asset allocation.  Do you want to change when the market changes hoping to time the market (tactical) or do you want to maintain a steady allocation changing when your situation changes (strategic)? 📱 Book an intro call - Cedar Point Pathway retirement planning service 📝 Fina...

Send us Fan Mail The basic mix of stocks and bonds in your portfolio is often called your asset allocation. In this episode, I'll explain why it is valuable to understand the benefits of establishing your asset allocation and how you can determine a mix that works best for you. There isn't a right or wrong mix! The best portfolio is the one that you can stick with the longest. This serie...

Send us Fan Mail In this episode, I introduce my upcoming series on developing your own investment approach.  Much like the weight loss advice of "eat better and exercise", I think we can get a bit more specific on understanding an investment approach beyond "just buy an index fund".  I have no problem with index funds whatsoever but this series will dig below the surface to he...

Send us Fan Mail Thanks to all of you for listening in 2022! This year end episode covers a few things you need to know going into the new year related to TFSAs, CPP, tax bracket changes and the upcoming First Home Savings Account. 📱 Book an intro call - Cedar Point Pathway retirement planning service 📝 Financial Foundations Scorecard - See how you score in the areas of cashflow & spending, ...

Send us Fan Mail Working with a financial planner can add significant value to your financial life. However, it might not always be as cut and dry as certain commercials or media members will have you believe! Steven Guenther joins me today for an open conversation of some of the benefits of professional financial advice. Contact Steven Guenther 📱 Book an intro call - Cedar Point Pathway retireme...

Send us Fan Mail There are plenty of landmines to avoid when it comes to your money but in this episode I talk about 7 critical mistakes you'll want to be aware of in your 30's. If you're in your 20's, 40's, 50's or older, these are all relevant for you as well! But the decade of your 30's comes with unique challenges and opportunities that I wanted to focus on s...

Send us Fan Mail November is Financial Literacy Month in Canada and this week's episode is dedicated to that! We talk about the importance and benefits of financial literacy and then walk you through a quiz to see where you'd land on the literacy scale. Of course, to help improve your financial literacy, please go back and listen to previous episodes of the podcast to learn more about th...

Send us Fan Mail Thank you for all of your questions! In this podcast I cover off a few recent ones: 1. Is now a good time to buy GICs? 2. Did I buy the wrong investments? 3. Should I sell and wait for the dust to settle? 4. What's happening with  credit card fees? 📱 Book an intro call - Cedar Point Pathway retirement planning service 📝 Financial Foundations Scorecard - See how you score in...

Send us Fan Mail You've likely heard of active and passive investing but factor investing is somewhere in the middle.  Sometimes called "smart beta", the idea behind factor investing is isolating the specific characteristics of an investment that can lead to outperformance, lower volatility or specific outcomes compared to the market as a whole. Build your financial plan with Evan O...

Send us Fan Mail This is a foundational episode on the topic of investing.  If you've ever wondered what "the market" really is or what an index is, this episode is for you.  I've heard from so many people that they feel embarrassed to ask some of these questions but they want to start investing. This episode is a great place to start to build your understanding of the stock ma...

Send us Fan Mail Robin Taub joins us today to discuss her book The Wisest Investment and how we can raise money-smart kids.  Jordan and I both have young kids so this topic has been on my mind recently.  As financial planners, we generally focus on retirees and business owner money issues instead of teaching the next generation about money so Robin's expertise was a great resource for us. To...

Send us Fan Mail There are a number of ways that an investor can get in their own way and fail to reach their goals.  Today, we discuss how to reduce these single points of failure to increase your chance of investment success. Build your financial plan with Evan TOPICS IN THIS EPISODE 1. Too much in any one country, sector or individual holding 2. Not enough upside potential 3. Speculation 4. Ins...

Send us Fan Mail More people are making a point of being intentional with how their money is invested.  Focusing on environmental, social and governance (ESG) factors is one way that you can align your values with your investment strategy.  In this episode we discuss all things ESG including some concerns and whether we think ESG is just another gimmick. Build your financial plan with Evan TOPICS...

Send us Fan Mail EPISODE SUMMARY In this episode, Evan and Jordan discuss dividend investing and some key items to keep in mind if this is a strategy you're wanting to consider. Build your financial plan with Evan TOPICS IN THIS EPISODE - What are dividends? - What types of companies typically pay dividends? - Key dates to keep in mind - Are dividends truly passive income? - Yield traps and u...

Send us Fan Mail EPISODE SUMMARY Whether you find a new job, retire or are laid off, if you have a pension or savings plan at work, you'll have to make some decisions about what to do with it. You have to know what type of plan you have, what options are available for that plan and then what makes sense for you based on your financial goals and timeline. Build your financial plan with Evan OT...

Send us Fan Mail EPISODE SUMMARY More and more people are borrowing money to invest in stocks, crypto and real estate. Should you be using leverage to do the same? Build your financial plan with Evan ✅ DOWNLOAD FREE RETIREMENT READINESS CHECKLIST TOPICS IN THIS EPISODE - What is leverage? - How you might be using leverage already - Why is this relevant today? - The risk and opportunity with lever...

Send us Fan Mail After two years, I think it is time to say hello and tell my story of why I started this podcast.   I've always been inspired by Teddy Roosevelt's speech about the value of being the "man in the arena" which highlights the risk takers over the critics and the people who try to create something of value despite imperfection.  So starting this podcast was my vers...

Send us Fan Mail EPISODE SUMMARY In our first book review on the podcast, Jordan and Evan provide their thoughts and key takeaways from Nick Maggulli's book, Just Keep Buying. Build your financial plan with Evan ✅ DOWNLOAD FREE RETIREMENT READINESS CHECKLIST TOPICS IN THIS EPISODE What did we like about the book? When is saving more important that the specifics of your investments? How to sp...

Send us Fan Mail EPISODE SUMMARY You've likely seen headlines or articles talking about recessions or bear markets.  While these things might make you nervous, I have you covered to make sure you can continue to invest smarter, reduce taxes and retire with confidence.  Download the FREE PDF guide here: Guide to Recessions and Bear Markets   Build your financial plan with Evan TOPICS IN THIS E...

Send us Fan Mail EPISODE SUMMARY Jordan Arndt takes the lead in this episode to discuss some unique ways that you can give to charity to maximize your tax savings and maximize your charitable gifts.  If you have questions for Jordan, please feel free to email him at Jordan@ennsbaxter.com Build your financial plan with Evan ✅ DOWNLOAD MY FREE RETIREMENT READINESS CHECKLIST TOPICS IN THIS EPISODE 1...

Send us Fan Mail EPISODE SUMMARY Interest rates are going up and in this episode, Jordan Arndt and Evan discuss what that means for you and why you should care. Build your financial plan with Evan ✅ DOWNLOAD FREE RETIREMENT READINESS CHECKLIST TOPICS IN THIS EPISODE Setting the stage - interest rates are rising  What happens when interest rates rise  How does that affect you  How does that impact...

Send us Fan Mail EPISODE SUMMARY In this episode, Evan talks about the things you would want to consider before helping your kids with a downpayment to buy a home. ✅ DOWNLOAD FREE RETIREMENT READINESS CHECKLIST TOPICS IN THIS EPISODE Why this is a relevant discussion in 2022  The oxygen mask principle  From the parent perspective, could you help your kids?  Should you help your kids?  How do you...

Send us Fan Mail EPISODE SUMMARY This episode won't be able to make the decision for you, but today Evan and Jordan offer some food for thought when making the choice on whether to rent or buy.  Hopefully Evan and Jordan can help you be confident in your decision. ✅ DOWNLOAD FREE RETIREMENT READINESS CHECKLIST TOPICS IN THIS EPISODE Why this is a relevant discussion in 2022  As house prices...

Send us Fan Mail EPISODE SUMMARY If you're thinking about a short getaway or a longer trip to relieve your cabin fever, start planning right away.    In this episode, Jordan and Evan discuss ways that your vacation can go from a dream to a financial nightmare.  The good news is that planning ahead with some of our tips will make sure that you can spend your vacation relaxing and having fun in...

Send us Fan Mail EPISODE SUMMARY On this episode we welcome back Luke Hergott, Senior Manager of tax services at EY.  Luke brings a wealth of knowledge regarding tax so I would encourage you to listen to this episode prior to filing your return for this year. Build your financial plan with Evan ✅ DOWNLOAD FREE RETIREMENT READINESS CHECKLIST TOPICS IN THIS EPISODE Opportunities for tax planning as...